Colgate-Palmolive (NYSE:CL) reports organic sales rose 4% in Q2.
The company grew sales in North America by 1% to $770M and by 5.9% in its Europe/South Pacific segment to $873M. Sales fell off in Latin America.
Gross margin rate +50 bps to 58.6%.
SG&A expenses -50 bps to 34.6% of net sales.
CL -0.2% premarket